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Overview of DXC Technology
DXC Technology is a vendor-independent IT services provider specializing in comprehensive and integrated technology solutions. Leveraging decades of industry experience, the company offers a broad portfolio that includes cloud computing, security solutions, IT outsourcing, and modern workplace services. DXC Technology excels in combining deep technical expertise with strategic consulting to help global enterprises optimize critical IT systems and achieve operational excellence. With an extensive legacy rooted in the merger of prominent industry players, DXC continues to deliver services that support the digital transformation initiatives of diverse organizations.
Business Segments and Service Offerings
DXC Technology operates primarily through its two distinct segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GIS segment, which is a significant revenue generator, is designed to deliver end-to-end solutions that encompass cloud integration, security frameworks, and IT outsourcing. Meanwhile, the GBS segment focuses on delivering consulting and managed services to address complex business and technology challenges. Using a holistic approach to client engagement, DXC integrates data management, business intelligence, AI, and IoT to extract actionable insights and drive performance improvements.
Industry Partnerships and Technological Innovation
The company is committed to staying at the forefront of technological innovation and strategic alliances. DXC Technology collaborates with industry giants on initiatives that include next-generation AI platforms, secure digital transformation, and intelligent enterprise solutions. These alliances, with partners in cloud, security, and modern workplace transformation, ensure that DXC consistently delivers tailored and scalable solutions for complex business requirements. By standardizing innovative solutions and placing an emphasis on responsible technology integration, DXC advances operational agility and enhanced service delivery for its clients.
Operational Excellence and Global Reach
With a robust global network, DXC Technology operates in multiple regions worldwide, leveraging its extensive talent pool and a diversified partner ecosystem. Its operations are supported by a strong foundation of technical expertise and operational rigor. The company's extensive geographic footprint enables it to cater to the needs of large enterprises and public sector organizations, ensuring that services are both resilient and adaptive to the evolving market landscape. The strategic distribution of its service centers across global regions further reinforces its capability to manage mission-critical systems and IT operations.
Commitment to Client Success and Industry Expertise
DXC Technology has built a reputation for its balanced approach to innovation and operational stability. By focusing on high-value IT solutions and maintaining independence from technology vendors, the company provides unbiased advice and customized services that facilitate digital transformation. Its focus on secure, efficient, and scalable IT infrastructures reflects a deep understanding of the challenges faced by modern enterprises. DXC's comprehensive methodology encompasses strategic consulting, technical modernization, and a commitment to operational excellence, ensuring its customers receive solutions that are timely, effective, and centrally coordinated.
Key Differentiators
- Vendor Independence: DXC Technology’s unbiased approach to IT service delivery ensures that clients receive solutions tailored to their unique requirements without proprietary constraints.
- Integrated Service Model: With synchronized offerings in both Global Business Services and Global Infrastructure Services, DXC provides a seamless, end-to-end technology experience.
- Global Reach and Expertise: Serving a vast array of clients in diverse geographies, the company combines technical depth with local market insights.
- Strategic Partnerships: Its collaborative initiatives with leading technology firms help in deploying innovative, scalable IT solutions for complex operational challenges.
This comprehensive overview underscores the multifaceted nature of DXC Technology and its enduring role in shaping the digital future of global enterprises. The company continues to refine its service portfolio and operational strategies to ensure that businesses can leverage advanced technologies without disruption, thus maintaining operational integrity and competitive relevance in a dynamic market environment.
DXC Technology (NYSE: DXC) has announced the promotion of Jennifer Ragone to Chief People Officer, reporting directly to President and CEO Raul Fernandez. In her new role, Ragone will lead DXC's global people strategy, focusing on driving profitable growth through innovative talent solutions.
Previously serving as Vice President of Business HR at DXC, Ragone has demonstrated expertise in leveraging AI and data analytics for talent development. Her responsibilities will include strengthening the workforce, preparing employees for the future of work, and fostering an inclusive, value-driven culture centered on client centricity, accountability, and performance excellence.
DXC Technology (NYSE: DXC) has signed an agreement with Skanska AB to modernize the construction giant's IT infrastructure across Europe and the United States. The partnership aims to drive greater operational efficiency, with services and employees from Skanska's global IT infrastructure operations transferring to DXC.
As Skanska's trusted IT partner, DXC will manage Azure cloud and on-premises environments, enhance cybersecurity, deliver modern workplace solutions, and ensure connectivity through data center network management. DXC will also lead solution architecture, automation and service optimization.
"By partnering with DXC and outsourcing our IT infrastructure, we will meet new demands for modern and flexible IT infrastructure services," said Anders Candell, SVP IT from Skanska, noting the collaboration will help them focus more on innovative, client-centric solutions.
DXC Technology reported Q3 FY2025 results with total revenue of $3.23 billion, down 5.1% year-over-year. The company achieved an EBIT margin of 4.5% and adjusted EBIT margin of 8.9%. Key financial metrics include diluted EPS of $0.31 (down 61.7% YoY) and non-GAAP diluted EPS of $0.92 (up 7.0% YoY).
The company demonstrated strong bookings performance with a book-to-bill ratio of 1.33x. Global Business Services revenue was $1.67 billion (down 1.8% YoY), while Global Infrastructure Services revenue was $1.56 billion (down 8.5% YoY).
DXC has raised its full-year guidance, including adjusted EBIT margin to ~7.9%, non-GAAP diluted EPS to ~$3.35, and free cash flow to ~$625 million. For Q4 FY2025, the company expects revenue between $3.10-3.13 billion.
DXC has announced an extended partnership with Ferrari to develop next-generation in-vehicle infotainment systems. The collaboration focuses on enhancing the Human Machine Interface (HMI) systems for Ferrari's current and future models.
A significant milestone of this partnership is DXC's development of software for the Ferrari F80, launched in October 2024. The F80's digital cockpit system, powered by DXC's bespoke software, features multiple displays providing real-time performance data including speed, G-force, revs, and tire pressure. The system adapts between road use and track mode, offering an immersive racing experience.
The partnership, which began in 2021 with HMI systems reengineering, aims to ensure Ferrari's infotainment systems deliver superior automotive experiences while maintaining market agility.
DXC Technology (NYSE: DXC) has announced it will release its fiscal 2025 third quarter financial results on Tuesday, February 4, 2025, at approximately 4:15 p.m. ET. The company will host a conference call and webcast with senior management at 5:00 p.m. ET on the same day.
For the conference call, domestic callers can dial 888-330-2455, while international callers should use +1-240-789-2717, with passcode 4164760#. A live webcast will be available on DXC's Investor Relations website. A replay will be accessible until February 11, 2025, via 800-770-2030 for domestic callers and +1-647-362-9199 for international callers, using the same passcode. A transcript will be posted on the company's Investor Relations website.
DXC Technology (NYSE: DXC) has announced AI Impact, a new approach combining consulting, engineering, and secure enterprise services to help customers innovate with AI across industries. The initiative focuses on developing practical solutions for real-world challenges and supporting business growth.
The company is implementing AI solutions across multiple sectors:
- In Automotive: AI-powered diagnostic tools for preventive maintenance and personalized vehicle assistants
- In Public Sector: AI agents to improve citizen engagement and streamline public services
- In Financial Services: AI chatbots for enhanced customer service and document analysis
- In Healthcare: AI-powered apps for real-time symptom monitoring and treatment optimization
DXC Technology (NYSE: DXC) has appointed Brad Novak as Chief Information Officer, joining the company's leadership team. Reporting to Chief Administrative Officer James Walker, Novak will focus on leveraging AI throughout DXC operations and lead efforts to integrate, standardize, and consolidate platforms, tools, and processes to enhance workforce productivity and operational efficiency.
Novak brings over 30 years of experience in financial services, with expertise in application development, infrastructure, and service management. His previous role was CTO for the Corporate and Investment Bank at Barclays, where he led technology architecture and strategy. He also has experience in Private Equity and Venture Capital, where he assessed investment opportunities and advised portfolio companies on technology strategies.
DXC Technology (NYSE: DXC) has announced a strategic partnership with UK-based Blackout Technologies to enhance enterprise security and operational efficiency for mobile devices. The collaboration combines DXC's consulting expertise with Blackout's patented security solutions to help organizations protect sensitive data and ensure compliance with regulations like GDPR, MiFID II, and PCI DSS.
The partnership focuses on managing personal smart device functionality during work hours, helping companies prevent data breaches and improve productivity by minimizing distractions. Key applications include restricting unauthorized device use in financial services secure areas and reducing distractions for fleet management drivers operating company vehicles.
DXC Technology and ServiceNow have expanded their strategic partnership by establishing a new Center of Excellence (CoE) focused on accelerating generative AI adoption for businesses. The collaboration combines DXC's industry expertise with ServiceNow's GenAI solutions, particularly Now Assist. DXC has already demonstrated success by implementing Now Assist in its service delivery platform, saving nearly 10,000 hours monthly while serving over 500 clients. The partnership builds on a 15-year collaboration, with DXC holding more than 2,000 ServiceNow certifications and 1,300 accreditations.
DXC Technology has been ranked as the leading Life & Annuity Insurance Technology Provider by Everest Group in their inaugural annual report. The ranking was based on revenues, geographical scope, client base, and value chain coverage. DXC serves over 1,000 insurance customers globally, processing more than 1 billion policies, with 21 of the world's top 25 insurers relying on their solutions. The company provides end-to-end digital solutions that transform insurance processes, enabling market speed and enhanced customer experience through cloud computing, AI implementation, and system security.
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